Peace, justice, partnerships and corporate strategy
Action on building a peaceful, just society through the SDGs
Around $1.26trn is lost in low-income countries to corruption, bribery, theft and tax evasion, according to the UN. This money could be used for the common good: public infrastructure, environmental protection, healthcare and education. Where there is war and conflict, children miss school, disease is rife, and infrastructure and the environment suffer. Where laws are not enforced, unethical players have an advantage.
Targets under UN Sustainable Development Goal 16 include reducing violence and ending abuse, trafficking, violence and torture of children. It also calls for the rule of law to be observed and equal access to justice, as well as measures to tackle money laundering, arms trafficking and organised crime. The incidence of corruption and bribery needs to fall. Effective, transparent, accountable institutions ensure participatory and representative decision-making and require support. SDG 16 also covers legal identities and birth registration.
In March, the results of the first pilot Corporate Human Rights Benchmark (CHRB) revealed that most of the 98 companies analysed had far to go, with just three falling into the top band: mining companies BHP Billiton and Rio Tinto, and high-street retailer M&S.
The CHRB was developed with support from a coalition, including financial services firms Aviva Investors ...